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A leg-up for cooperatives -Anshu Singh, Pallavi Ingale and Hema Yadav

-The Hindu Business Line A host of initiatives in the Budget should make the sector vibrant Budget 2022 seeks to double farmers’ income by building a robust system that enables easier access to finance, the marketplace and new-age technology. The government has allocated a sizeable amount for rural infrastructure development. This will help farmers get better access to the marketplace National Federation of State Co-operative Banks (NAFSCOB) data of 2019-20 shows that around...

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Millet Mission sets production area target as 1.17 lakh hectares

-DailyPioneer.com Under the ‘Millet Mission’ launched by Chhattisgarh Chief Minister to promote the production of minor millets, the target crop production area for next year (2022-23) has been set at 1.17 lakh hectares. At present the production area covers 69,000 hectares. Holding an Inter-Departmental Coordination Committee virtual meeting on Wednesday, Chief Secretary Amitabh Jain asked the officials to prepare a detailed action plan for increasing the area of production of millets. Apart from...

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Budget 2022: Lowest sections of our society who suffered most are not yet part of recovery story -Ashwini Kulkarni

-The Free Press Journal Today’s budget speech of the Finance Minister was more about Government’s intentions, intentions for a long term horizon like 25 years and little on this years’ specific plans. There is an oft-spoken phrase – where there is a will there's a way. If the policies of a Government is its Will then the Budget is meant to give the Way by providing the means with funds. Today’s budget...

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Maharashtra cooperative Sugar industry hails Centre’s decision to waive income tax demands since 1985 -Sanjay Jog

-The Free Press Journal Recently, former union agriculture minister Sharad Pawar and former chief minister Devendra Fadnavis had separately met the union cooperation minister Amit Shah demanding a relief in income tax demands worth Rs 9,500 crore at the all India level of which Rs 8,000 crore were alone from Maharashtra cooperative sugar industry. Sugar cooperative Factories in Maharashtra have received a major relief after the Centre has waived income tax demands...

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Low grant sanctions, disbursement: India wants to promote FPOs but where are the funds? -Shagun

-Down to Earth Eligibility threshold for FPOs should be reduced or support provided to meet the criteria, experts feel Farmer producer organisations (FPO) figure prominently in government policies and the ambitious plan to double farmers’ income by 2022. But funds remain elusive for these bodies, according to a recent analysis.  Just 1-5 per cent of FPOs have received funding under central government schemes introduced to promote them in the last seven years, the...

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